Zinc Futures Fall on Muted Demand - PTI

By By Rediff Money Desk, NEWDELHI
Apr 08, 2024 13:52
Zinc prices dropped 0.10% on Monday due to reduced speculative interest and weak demand from consuming industries, according to PTI.
New Delhi, Apr 8 (PTI) Zinc prices on Monday fell 0.10 per cent to Rs 232.50 per kilogram in the futures trade as speculators reduced their exposure, taking negative cues from the spot market.

On the Multi Commodity Exchange, zinc contracts for April delivery traded lower 10 paise or 0.10 per cent at Rs 232.50 per kg in 3,154 lots.

Analysts said trimming of positions by participants owing to slackened demand from consuming industries in the physical market mainly weighed on zinc prices.
Read More On:
zinc futureszinc pricescommodity pricesdemandmulti commodity exchange
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

US Tariffs to Stay: Tata Sons Chairman...

Tata Sons chairman N Chandrasekaran says some US tariffs will remain, citing changes in...

New Aadhaar App: Instant Verification Like UPI...

India's IT Minister unveils a new Aadhaar app with QR code-based verification and face...

UP Wheat Procurement Surpasses 1 Lakh Tonnes in...

Uttar Pradesh's wheat procurement crosses 1 lakh metric tonnes in April, exceeding...

IBM to Set Up AI Software Lab in Lucknow

IBM announces a new Software Lab in Lucknow focused on AI, particularly Generative and...

Sanlam, Shriram Credit Get CCI Nod for Shriram...

CCI approves Sanlam and Shriram Credit's joint proposal to acquire a stake in Shriram...

Godrej Launches 'Godrej Ninja' Dog Food, Plans...

Godrej Pet Care enters India's pet food market with 'Godrej Ninja', a new brand...

REC Funds Rs 1 Lakh Cr for Mumbai Infra Projects

REC signs MoU with MMRDA to provide Rs 1 lakh crore finance for infrastructure projects...

Ola's Krutrim Hosts Meta's Llama 4 AI Models in...

Ola Group's AI firm Krutrim becomes the first Indian company to host Meta's Llama 4 AI...

India's Best Interests in Trade Pacts:...

India's Commerce Minister Piyush Goyal assures businesses that...

India & UAE Eye Mutual Recognition of Degrees -...

India and the UAE are strengthening educational ties with IIT and IIM campuses in...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com